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HOG vs. THO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between HOG and THO is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.4

Performance

HOG vs. THO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harley-Davidson, Inc. (HOG) and Thor Industries, Inc. (THO). The values are adjusted to include any dividend payments, if applicable.

8,000.00%10,000.00%12,000.00%14,000.00%16,000.00%18,000.00%December2025FebruaryMarchAprilMay
9,492.01%
11,276.10%
HOG
THO

Key characteristics

Sharpe Ratio

HOG:

-0.83

THO:

-0.67

Sortino Ratio

HOG:

-1.12

THO:

-0.78

Omega Ratio

HOG:

0.87

THO:

0.90

Calmar Ratio

HOG:

-0.52

THO:

-0.50

Martin Ratio

HOG:

-1.52

THO:

-1.67

Ulcer Index

HOG:

21.90%

THO:

16.10%

Daily Std Dev

HOG:

40.01%

THO:

40.13%

Max Drawdown

HOG:

-88.26%

THO:

-81.02%

Current Drawdown

HOG:

-59.55%

THO:

-47.54%

Fundamentals

Market Cap

HOG:

$2.92B

THO:

$3.85B

EPS

HOG:

$3.44

THO:

$3.77

PE Ratio

HOG:

6.82

THO:

19.21

PEG Ratio

HOG:

1.02

THO:

0.62

PS Ratio

HOG:

0.56

THO:

0.41

PB Ratio

HOG:

0.92

THO:

0.98

Total Revenue (TTM)

HOG:

$3.46B

THO:

$6.70B

Gross Profit (TTM)

HOG:

$1.19B

THO:

$927.97M

EBITDA (TTM)

HOG:

$369.01M

THO:

$377.04M

Returns By Period

The year-to-date returns for both investments are quite close, with HOG having a -23.01% return and THO slightly higher at -22.35%. Over the past 10 years, HOG has underperformed THO with an annualized return of -6.37%, while THO has yielded a comparatively higher 3.93% annualized return.


HOG

YTD

-23.01%

1M

-8.06%

6M

-27.02%

1Y

-31.53%

5Y*

4.11%

10Y*

-6.37%

THO

YTD

-22.35%

1M

-3.50%

6M

-28.25%

1Y

-23.51%

5Y*

5.15%

10Y*

3.93%

*Annualized

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Risk-Adjusted Performance

HOG vs. THO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOG
The Risk-Adjusted Performance Rank of HOG is 1212
Overall Rank
The Sharpe Ratio Rank of HOG is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of HOG is 1111
Sortino Ratio Rank
The Omega Ratio Rank of HOG is 1313
Omega Ratio Rank
The Calmar Ratio Rank of HOG is 1919
Calmar Ratio Rank
The Martin Ratio Rank of HOG is 88
Martin Ratio Rank

THO
The Risk-Adjusted Performance Rank of THO is 1515
Overall Rank
The Sharpe Ratio Rank of THO is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of THO is 1717
Sortino Ratio Rank
The Omega Ratio Rank of THO is 1919
Omega Ratio Rank
The Calmar Ratio Rank of THO is 2020
Calmar Ratio Rank
The Martin Ratio Rank of THO is 44
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HOG vs. THO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Harley-Davidson, Inc. (HOG) and Thor Industries, Inc. (THO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for HOG, currently valued at -0.83, compared to the broader market-2.00-1.000.001.002.003.00
HOG: -0.83
THO: -0.67
The chart of Sortino ratio for HOG, currently valued at -1.12, compared to the broader market-6.00-4.00-2.000.002.004.00
HOG: -1.12
THO: -0.78
The chart of Omega ratio for HOG, currently valued at 0.87, compared to the broader market0.501.001.502.00
HOG: 0.87
THO: 0.90
The chart of Calmar ratio for HOG, currently valued at -0.52, compared to the broader market0.001.002.003.004.005.00
HOG: -0.52
THO: -0.50
The chart of Martin ratio for HOG, currently valued at -1.52, compared to the broader market-10.000.0010.0020.00
HOG: -1.52
THO: -1.67

The current HOG Sharpe Ratio is -0.83, which is comparable to the THO Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of HOG and THO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00December2025FebruaryMarchAprilMay
-0.83
-0.67
HOG
THO

Dividends

HOG vs. THO - Dividend Comparison

HOG's dividend yield for the trailing twelve months is around 3.03%, more than THO's 2.70% yield.


TTM20242023202220212020201920182017201620152014
HOG
Harley-Davidson, Inc.
3.03%2.30%1.79%1.52%1.59%1.20%4.03%4.34%2.87%2.40%2.73%1.67%
THO
Thor Industries, Inc.
2.70%1.53%1.57%2.33%1.62%1.74%2.13%2.92%0.93%1.26%2.03%1.79%

Drawdowns

HOG vs. THO - Drawdown Comparison

The maximum HOG drawdown since its inception was -88.26%, which is greater than THO's maximum drawdown of -81.02%. Use the drawdown chart below to compare losses from any high point for HOG and THO. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%December2025FebruaryMarchAprilMay
-59.55%
-47.54%
HOG
THO

Volatility

HOG vs. THO - Volatility Comparison

Harley-Davidson, Inc. (HOG) has a higher volatility of 24.03% compared to Thor Industries, Inc. (THO) at 19.75%. This indicates that HOG's price experiences larger fluctuations and is considered to be riskier than THO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%December2025FebruaryMarchAprilMay
24.03%
19.75%
HOG
THO

Financials

HOG vs. THO - Financials Comparison

This section allows you to compare key financial metrics between Harley-Davidson, Inc. and Thor Industries, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B2.00B3.00B4.00B5.00BAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
687.61M
2.02B
(HOG) Total Revenue
(THO) Total Revenue
Values in USD except per share items

HOG vs. THO - Profitability Comparison

The chart below illustrates the profitability comparison between Harley-Davidson, Inc. and Thor Industries, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
22.3%
12.2%
(HOG) Gross Margin
(THO) Gross Margin
HOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Harley-Davidson, Inc. reported a gross profit of 153.12M and revenue of 687.61M. Therefore, the gross margin over that period was 22.3%.
THO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Thor Industries, Inc. reported a gross profit of 245.20M and revenue of 2.02B. Therefore, the gross margin over that period was 12.2%.
HOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Harley-Davidson, Inc. reported an operating income of -193.35M and revenue of 687.61M, resulting in an operating margin of -28.1%.
THO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Thor Industries, Inc. reported an operating income of 9.73M and revenue of 2.02B, resulting in an operating margin of 0.5%.
HOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Harley-Davidson, Inc. reported a net income of -116.89M and revenue of 687.61M, resulting in a net margin of -17.0%.
THO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Thor Industries, Inc. reported a net income of -551.00K and revenue of 2.02B, resulting in a net margin of -0.0%.